Wednesday, 28 November 2012

THROWING WATER TO SAVE ELECTRICITY: A REFLEXION ON OUR VALUE SYSTEM



November 2012

This morning when I was filling the kettle with tap water my attention got momentarily diverted and I overfilled it right up to the top. Obviously, I was not going to waste electricity to boil all that water, I only needed two cups of tea.   I just poured the excess water in the sink.

 I saved electricity but I wasted water and the reason I chose one over the other was based purely on the economy. We have meters for both but the cost of electricity is more than water.  If usefulness is any arbiter, the water should be more precious. Knowing and appreciating this does not make any difference because ultimately everything is being determined now on the basis of economy. If it brings money or saves money it must be good and worthy of preferential treatment.
Look at the City in London. The workers here are the most highly paid. They are bankers, financiers, investment brokers, fund managers and likes. They move and manage money that other people earn. They do not grow anything, they do not manufacture anything and are not part of the service industry either. One can live whole of one’s life without ever needing there help when push comes to shove. The worth of a business now a days does not depend on its real material worth but on the whims of the City. The value of shares will not fluctuate that much causing insecurity and havoc if it was not for the compulsive gambling habits of the city. But hey, they make money for their shareholders and the government.  Therefore, they are paid on average more than any other group and the government treats them with kid gloves.

Well, a good teacher is paid much less than even a third class footballer and a government that talks about moral obligations actively supports purest form of gambling by endorsing National Lottery. Why? Because they make more money.

As Thomas Paine said  “What we obtain too cheap, we esteem too lightly; it is dearness only that gives everything its value.”  The question is who decides the price?


Well I have no right to blame others as I am doing the same, judging everything in just pure economic terms: throwing water and saving electricity!